Market Talk – March 5, 2024

ASIA:

The major Asian stock markets had a mixed day today:

• NIKKEI 225 decreased 11.60 points or -0.03% to 40,097.63
• Shanghai increased 8.49 points or 0.28% to 3,047.79
• Hang Seng decreased 433.33 points or -2.61% to 16,162.64
• ASX 200 decreased 11.60 points or -0.15% to 7,724.20
• Kospi decreased 24.87 points or -0.93% to 2,649.40
• SENSEX decreased 195.16 points or -0.26% to 73,677.13
• Nifty50 decreased 49.30 points or -0.22% to 22,356.30

The major Asian currency markets had a mixed day today:

• AUDUSD decreased 0.00074 or -0.11% to 0.65036
• NZDUSD decreased 0.0004 or -0.07% to 0.60870
• USDJPY decreased 0.359 or -0.24% to 150.151
• USDCNY increased 0.00279 or 0.04% to 7.21159

The above data was collected around 11:54 EST.

Precious Metals:

• Gold increased 12.16 USD/t oz. or 0.57% to 2,127.15
• Silver decreased 0.121 USD/t. oz or -0.51% to 23.753

The above data was collected around 11:57 EST.

EUROPE/EMEA:

The major Europe stock markets had a mixed day today:

• CAC 40 decreased 23.59 points or -0.30% to 7,932.82
• FTSE 100 increased 5.83 points or 0.08% to 7,646.16
• DAX 30 decreased 17.77 points or -0.10% to 17.698.40

The major Europe currency markets had a mixed day today:

• EURUSD increased 0.00080 or 0.07% to 1.08619
• GBPUSD increased 0.00210 or 0.17% to 1.27114
• USDCHF decreased 0.00110 or -0.13% to 0.88359

The above data was collected around 12:01 EST.

US/AMERICAS:

US Market Closings:

• Dow declined 404.64 points or -1.04% to 38,585.19
• S&P 500 declined 52.3 points or -1.02% to 5,078.65
• Nasdaq declined 267.92 points or -1.65% to 15,939.59
• Russell 2000 declined 20.61 points or -0.99% to 2,053.7

Canada Market Closings:

• TSX Composite declined 5.14 points or -0.02% to 21,525.93
• TSX 60 advanced 1.29% or 0.1% to 1,299.14

Brazil Market Closing:

• Bovespa declined 247.76 points or -0.19% to 128,092.78

ENERGY:

The oil markets had a mixed day today:

• Crude Oil decreased 0.211 USD/BBL or -0.27% to 78.529
• Brent decreased 0.31 USD/BBL or -0.37% to 82.490
• Natural gas increased 0.0007 USD/MMBtu or 0.04% to 1.9167
• Gasoline decreased 0.0485 USD/GAL or -1.88% to 2.5372
• Heating oil decreased 0.0278 USD/GAL or -1.05% to 2.6194

The above data was collected around 12:03 EST.

• Top commodity gainers: Palm Oil (1.22%), Sugar (2.38%), Rhodium (1.12%) and Rapeseed (0.84%)
• Top commodity losers: Wheat (-2.95%), Oat (-2.30%), Gasoline (-1.88%) and Palladium (-2.53%)

The above data was collected around 12:10 EST.

BONDS:

Japan 0.705% (-0.8bp), US 2’s 4.56% (-0.044%) , US 10’s 4.1486% (-7.04bps); US 30’s 4.29% (-0.067%), Bunds 2.319% (-7.8bp), France 2.786% (-8.7bp), Italy 3.709% (-11.4bp), Turkey 26.63% (+44bp), Greece 3.305% (-8.1bp), Portugal 3.007% (-2.8bp); Spain 3.177% (-9.5bp) and UK Gilts 4.009% (-11.5bp)

The above data was collected around 12:20 EST.